Refinish net sales up 4.9 percent excluding the impact of foreign currency translation.
Axalta Coating Systems Ltd. (NYSE:AXTA) announced its financial results for the third quarter ended September 30, 2016.
The company reported net sales of $1.0234 billion for the third quarter of 2016 benefitting from volume and pricing growth that was offset in part by a 2.1 percent negative impact from foreign currency translation. Constant currency net sales increased 4.4 percent compared to the year-ago quarter, driven by 1.9 percent higher average selling prices. Acquisitions contributed 2.6 percentage points of growth in the quarter. The strongest regional contributors to